WASHINGTON – May 12, 2022

Per latest data from the US Department of Agriculture, wheat export sales for the period April 29-May 5, 2022 and delivery in 2021-22 season were at 14,100 metric tons (MT).

That was a marketing-year low.

That was down 88% from the previous week and 79% from the prior 4-week average.

Increases primarily for Colombia (40,000MT), unk. dest. (11,500MT), South Korea (3,000MT, including decreases of 22,500MT), the Dominican Republic (1,600MT) and Mexico (1,200MT, including decreases of 3,100MT), were offset by reductions primarily for Nigeria (36,300MT), Chile (5,800 MT) and Japan (1,500MT).

Net sales of 124,300 MT for 2022/23 were reported for Mexico (63,000MT), unk. dest. (26,800MT), South Korea (24,500MT), Chile (7,000MT) and Guatemala (3,000MT).

Exports of 240,300 MT were down 36% from the previous week and 35% from the prior 4-week average.

The destinations were primarily to Indonesia (55,100MT), Japan (51,600MT), Mexico (47,700MT), Nigeria (27,500MT) and the Dominican Republic (17,800MT).

As for corn, net sales of 192,700 MT for 2021/22–a marketing-year low–were down 75% from the previous week and 80% from the prior 4-week average.

Increases primarily for Japan (132,600MT, including 23,300MT switched from unk. dest. and decreases of 900MT), South Korea (131,700MT, including 133,000MT switched from unk. dest. and decreases of 2,900MT), Spain (73,700MT, including 68,000MT switched from unk. dest.), Colombia (57,100MT, including 50,000MT switched from unk. dest. and decreases of 57,700MT) and Canada (41,400MT, including decreases of 300MT), were offset by reductions primarily for unk. dest. (304,000MT).

Net sales of 46,600 MT for 2022/23 were reported for Mexico (22,400MT), unk. dest. (22,000MT) and Canada (2,200MT).

Exports of 1,504,300 MT were down 21% from the previous week and 3% from the prior 4-week average.

The destinations were primarily to Mexico (349,000MT), Japan (320,600MT), China (260,200MT), South Korea (131,300MT) and Colombia (125,600 MT).

As for soybeans, net sales of 143,700 MT for 2021/22–a marketing-year low–were down 80% from the previous week and 74% from the prior 4-week average.

Increases primarily for Indonesia (66,200MT, including 55,000MT switched from unk. dest. and decreases of 7,600MT), Japan (61,200MT, including 59,200MT switched from unk. dest. and decreases of 1,400MT), Mexico (20,600MT, including decreases of 2,700MT), Venezuela (8,000MT) and Malaysia (5,300MT, including decreases of 100MT), were offset by reductions for unk. dest. (30,200MT) and Peru (5,000MT).

Net sales of 77,300 MT for 2022/23 were reported for unk. dest. (66,000MT), Panama (6,300MT) and Taiwan (5,000MT).

Exports of 471,700 MT were down 16% from the previous week and 37% from the prior 4-week average.

The destinations were primarily to China (147,500MT), Mexico (89,500MT), Indonesia (72,400MT), Taiwan (66,900MT) and Japan (64,500MT).

Comments are closed.